Butler, Todd Counties receive state funding for site developments

FRANKFORT, Ky. – Governor Andy Beshear announced speed-to-market and site development initiatives in Kentucky on Thursday.

According to a release, 16 project investments across 18 counties received approval for $12.4 million in state funding.

The Kentucky Product Development Initiative (KPDI) provides funding for communities to boost site investments and building upgrades.

Two local communities will receive funds.

Morgantown Industrial Holding Corp. is requesting funds to construct a new industrial access roadway in the Morgantown Industrial Park. The project received $360,000 in state funding.

The Todd County Industrial Foundation is seeking to add two 100,000-square-foot building pads at the 24-acre John E. Walton Business Park.

For more information on statewide site developments, visit kentucky.gov.